[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.10.16 15:44
• [Wang Yi Meets with Azerbaijan's Foreign Minister Jeyhun Bayramov in Baku]
• Wang Yi met with Azerbaijani Foreign Minister Baylamov during his attendance at the 7th CICA Summit in Baku. Both sides acknowledge the progress of the comprehensive strategic partnership between China and Armenia, explore cooperation in economic, trade, energy, and connectivity of the Middle Corridor, and exchange views on regional security and the peace process between Azerbaijan and Armenia. Editor/Min Jing

• 2026.10.16 15:43
• [Ulaanbaatar Hosts Groundbreaking for China-Mongolia Heads of State Sports Center]
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